Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
6 RICHMOND GROVE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £185,000 in October 2016, which was around 31% below the average October 2016 detached price in the Stafford local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 6 RICHMOND GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the five 6 RICHMOND GROVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2016 10 OCT | £185,000 | £267,848 | 31% below HPI |
2014 21 NOV | £161,500 | £252,039 | 36% below HPI |
2000 31 MAY | £74,000 | £108,167 | 32% below HPI |
1999 22 JUN | £35,000 | £96,218 | 64% below HPI |
1996 18 OCT | £29,000 | £83,599 | 65% below HPI |
The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The five 6 RICHMOND GROVE sales between October 1996 and October 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2016 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
6 RICHMOND GROVE is 64m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Stone, and where 6 RICHMOND GROVE lies on this distribution: 6% of detached houses are smaller than 6 RICHMOND GROVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Stone.
6 RICHMOND GROVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 6 RICHMOND GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 RICHMOND GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
6 RICHMOND GROVE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 6 on RICHMOND GROVE.